Plutus Capital, a renowned financial and stock advisory firm has announced the news about the launch of a potential decentralized DeFi app offering the highest interest rates to the investors. The app has been designed to give the best-in-class financial tools to the users who strive to have full control over their assets along with a track of the financial risks related to the markets. The Plutus Capital team released an official Twitter post to broadcast the launch news. The post read:
Plutus Capital launches #DeFi app, offering the highest interest rates in the market while providing lenders with security and transparency on all transactions. https://t.co/nqAhi2fIOl#fintech #finance #tech #technology #cryptonews #PlutusCapital
— PlutusCapital (@capital_plutus) July 20, 2020
As per the report, the users will be subjected to a transparent solution that will help them to know everything about their funds including their lending schedules, fund flows, and their application on the network. All these facilities shall be provided along with the highest interest rate of 12% p.a. for a minimum lock-in period of 60 days which is pretty high in comparison to traditional crypto entities.
The Plutus app is studded with all the lucrative, unprecedented, and amazing attributes of a decentralized network built on a peer-to-peer blockchain working on a peer-to-peer computing network. The open-source and decentralized network is immutable, offers support for smart contracts, and validates transactions to ensure security. The app will allow investors to trade in crypto assets to earn a passive income by giving validation inputs for transactions executed on the portal.
Robert Wojciechowski quoted, Technical Advisor, Plutus Capital,
The stakers on Plutus app play a crucial role in taking decisions for the development of the ecosystem through their voting rights. They can vote on the app’s governance and have a control to alter the economic and monetary policy by pooling 51% of total voting limits. The governance is supported by the app as oversupply and undersupply are stop losses coded in the app. Thus, there exists a perfect balance of technology and human control on Plutus network.
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